Hancock Whitney Corporation Reports Net Income of $126.5 Million in First Quarter 2023
Revenue Reaches $372.6 Million for Hancock Whitney Corporation in Q1 2023
By USInMinutes
Published - Jul 18, 2023, 04:13 PM ET
Last Updated - Jul 18, 2023, 04:13 PM EDT
Hancock Whitney Corporation,(HWCPL) a leading financial institution, h as released its financial results for the first quarter of 2023. The company reported a net income of $126.5 million for the quarter, accompanied by a revenue of $372.6 million. These strong financial figures indicate the company's continued growth and success in the banking sector.
Net Income Highlights
Hancock Whitney Corporation achieved an impressive net income of $126.5 million in the first quarter of 2023. This figure represents the profit generated by the company during the three-month period. Compared to the previous year's first quarter, which reported a net income of $123.5 million, the current quarter demonstrates a slight increase in profitability.